New Data on Card-Present and Card-Not-Present Fraud Rates in the United States

Fumiko Hayashi

Payments System Research Briefing, 2026, 6

Abstract: Recently updated data show that the card-present fraud rate of non-prepaid debit cards increased for transactions on single-message networks from 2021 to 2023 but decreased for dual-message networks—reversing a previous trend. The card-not-present fraud rate for both types of networks continued its upward trend. Cardholders’ fraud loss rates also continued to increase for both card-present and card-not-present transactions on both types of networks.

Keywords: Card Fraud; payment cards; Fraud Statistics; Payment Fraud Rates (search for similar items in EconPapers)
Date: 2026
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